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The value of the US dollar against the Uruguayan peso dropped 6.59% from January to July 2023, as reported by Uruguay’s Central Bank (BCU) and the Electronic Stock Exchange of Uruguay (BEVSA). In the last session of July, the dollar fell 0.62% compared to the previous day, closing at 37.429 pesos per dollar in the […]
In the first two months of 2024, Macau more than doubled its revenue from the previous year, fueled by a revival in gaming taxes, which led to a 49% increase in government spending. The Finance Services of Macau noted the revenue for January and February hit 18.3 billion patacas ($2.08 billion). This peak is unmatched […]
In 2023, Brazil’s coffee exports remained nearly consistent in volume, reaching 39.24 million 60-kilogram bags. However, their value saw a 13% decrease, as reported by the industry’s trade association. This slight reduction in quantity, a mere 0.4%, resulted in revenues of $8.041 billion, 13% lower than the record high in 2022. Márcio Ferreira, president of […]
In 2008, American Airlines became the first major U.S. carrier to charge for checked bags, introducing a $15 fee as part of a cost-cutting measure. Since then, other airlines have adopted similar fees, with prices steadily increasing over the years. Now, a new debate has emerged about whether airlines should charge passengers based on their […]